TSE:CFP Canfor (CFP) Stock Forecast, Price & News C$15.99 -0.70 (-4.19%) (As of 10/3/2023 ET) Add Compare Share Share Today's RangeC$15.92▼C$16.5950-Day RangeC$15.99▼C$22.2252-Week RangeC$15.92▼C$27.36Volume196,992 shsAverage Volume175,027 shsMarket CapitalizationC$1.92 billionP/E RatioN/ADividend YieldN/APrice TargetC$27.60 ProfileProfileAnalyst RatingsChartCompetitorsEarningsHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsHeadlinesSocial Media Canfor MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside72.6% UpsideC$27.60 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment-0.42Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.86 out of 5 stars 3.5 Analyst's Opinion Consensus RatingCanfor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$27.60, Canfor has a forecasted upside of 72.6% from its current price of C$15.99.Amount of Analyst CoverageCanfor has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CFP. Previous Next 0.0 Dividend Strength Dividend YieldCanfor does not currently pay a dividend.Dividend GrowthCanfor does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CFP. Previous Next 1.4 News and Social Media Coverage News SentimentCanfor has a news sentiment score of -0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.33 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Canfor this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for CFP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added Canfor to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canfor insiders have not sold or bought any company stock.Percentage Held by Insiders53.15% of the stock of Canfor is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 17.82% of the stock of Canfor is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canfor is -6.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Canfor is -6.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCanfor has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Canfor (TSE:CFP) StockCanfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells finger-jointed lumber, engineered wood products, wood chips and pellets, and logs, as well as custom specialty products, including strength-rated trusses, beams, and tongue-and-groove timber; and generates green energy. It also produces and sells pulp and paper products, including bleached and unbleached softwood kraft pulp, as well as bleached, colored, and unbleached kraft paper. The company was founded in 1938 and is headquartered in Vancouver, Canada.Read More CFP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CFP Stock News HeadlinesSeptember 29, 2023 | americanbankingnews.comCanfor Co. (TSE:CFP) Expected to Earn Q3 2023 Earnings of ($0.45) Per ShareSeptember 26, 2023 | americanbankingnews.comCanfor (TSE:CFP) Downgraded by Raymond James to OutperformOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.September 25, 2023 | forbes.comConvert CFP Franc To United States DollarSeptember 25, 2023 | finance.yahoo.comVIDA to acquire Sawmill in Ingarp, SwedenSeptember 25, 2023 | msn.comCanfor's Vida signs deal to buy sawmill in Sweden for $6 millionSeptember 14, 2023 | theglobeandmail.comClosing Bell: Canfor Corp up on Thursday (CFP)September 14, 2023 | finance.yahoo.comCanfor to Build New State-of-the-Art Mill in Houston, BCOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.August 29, 2023 | sports.yahoo.comAfter Pac-12's implosion, College Football Playoff format set for another shakeupJuly 28, 2023 | finance.yahoo.comCANFOR REPORTS RESULTS FOR SECOND QUARTER OF 2023June 30, 2023 | finance.yahoo.comCanfor Corporation's (TSE:CFP) biggest owners are private companies who got richer after stock soared 11% last weekJune 3, 2023 | finance.yahoo.comIs There An Opportunity With Canfor Corporation's (TSE:CFP) 31% Undervaluation?May 23, 2023 | theglobeandmail.comClosing Bell: Canfor Corp down on Friday (CFP)May 7, 2023 | finance.yahoo.comCanfor First Quarter 2023 Earnings: Revenues Beat Expectations, EPS LagsMay 6, 2023 | finance.yahoo.comAnalysts Are Updating Their Canfor Corporation (TSE:CFP) Estimates After Its First-Quarter ResultsMay 3, 2023 | finance.yahoo.comCANFOR REPORTS RESULTS FOR FIRST QUARTER OF 2023April 26, 2023 | finance.yahoo.comRecent 5.0% pullback isn't enough to hurt long-term Canfor (TSE:CFP) shareholders, they're still up 119% over 3 yearsApril 14, 2023 | theglobeandmail.comClosing Bell: Canfor Corp up on Friday (CFP)April 11, 2023 | theglobeandmail.comClosing Bell: Canfor Corp up on Monday (CFP)March 1, 2023 | finance.yahoo.comCANFOR ANNOUNCES 2022 AND FOURTH QUARTER OF 2022 RESULTSDecember 20, 2022 | finance.yahoo.comAt CA$21.40, Is It Time To Put Canfor Corporation (TSE:CFP) On Your Watch List?December 5, 2022 | finance.yahoo.comCanfor Temporarily Curtailing Canadian Production CapacityOctober 27, 2022 | finance.yahoo.comCANFOR REPORTS RESULTS FOR THIRD QUARTER OF 2022October 19, 2022 | yahoo.comElizabeth McCracken on Brit Bennett, 'Bel Canto,' and the Book That She Always Recommends - Yahoo LifeOctober 18, 2022 | dailymail.co.ukBayern Munich's Sadio Mane delivers heart-warming speech after winning the Socrates Award - Daily MailOctober 17, 2022 | finance.yahoo.comCanfor Pulp Temporarily Curtailing Intercontinental Pulp Mill - Yahoo FinanceSee More Headlines Receive CFP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canfor and its competitors with MarketBeat's FREE daily newsletter. Email Address CFP Company Calendar Last Earnings7/27/2023Today10/04/2023Next Earnings (Estimated)10/26/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Lumber & Wood Production Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:CFP CUSIPN/A CIKN/A Webwww.canfor.com Phone+1-604-6615241FaxN/AEmployees7,908Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$27.60 High Stock Price ForecastC$29.00 Low Stock Price ForecastC$26.00 Forecasted Upside/Downside+72.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C($2.45) Trailing P/E RatioN/A Forward P/E Ratio16.83 P/E GrowthN/ANet IncomeC$-306,400,000.00 Net Margins-5.22% Pretax MarginN/A Return on Equity-6.89% Return on Assets-2.98% Debt Debt-to-Equity Ratio8.78 Current Ratio3.00 Quick Ratio2.14 Sales & Book Value Annual SalesC$5.87 billion Price / Sales0.33 Cash FlowC$8.91 per share Price / Cash Flow1.79 Book ValueC$32.63 per share Price / Book0.49Miscellaneous Outstanding Shares120,110,000Free FloatN/AMarket CapC$1.92 billion OptionableNot Optionable Beta2.04 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Donald B. Kayne (Age 65)Pres, CEO & Director Comp: $2.51MMr. Patrick A. J. ElliottCFO & Sr. VP of SustainabilityMr. David M. Calabrigo (Age 64)Sr. VP of Corp. Devel. & Legal Affairs and Corp. Sec. Comp: $1.54MMr. Kevin PankratzSr. VP of Sales & MarketingMr. Stephen MacKieExec. VP of North American OperationsMr. Daniel BarwinDirector of Corp. Fin.Jim BogleVP of Technology & DigitalMs. Michelle WardVP of Corp. CommunicationsMs. Katy PlayerSr. VP of PeopleMs. Susan L. Yurkovich B.A. (Age 57)M.B.A., Sr. VP of Global Bus. Devel. More ExecutivesKey CompetitorsInterforTSE:IFPStella-JonesTSE:SJArizona MiningTSE:AZLabrador Iron Ore RoyaltyTSE:LIFPerseus MiningTSE:PRUView All Competitors CFP Stock - Frequently Asked Questions Should I buy or sell Canfor stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CFP shares. View CFP analyst ratings or view top-rated stocks. What is Canfor's stock price forecast for 2023? 4 brokerages have issued 1-year price objectives for Canfor's shares. Their CFP share price forecasts range from C$26.00 to C$29.00. On average, they anticipate the company's stock price to reach C$27.60 in the next twelve months. This suggests a possible upside of 72.6% from the stock's current price. View analysts price targets for CFP or view top-rated stocks among Wall Street analysts. How have CFP shares performed in 2023? Canfor's stock was trading at C$21.31 at the beginning of the year. Since then, CFP stock has decreased by 25.0% and is now trading at C$15.99. View the best growth stocks for 2023 here. When is Canfor's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our CFP earnings forecast. How were Canfor's earnings last quarter? Canfor Co. (TSE:CFP) issued its quarterly earnings data on Thursday, July, 27th. The company reported ($0.36) earnings per share for the quarter, topping analysts' consensus estimates of ($0.64) by $0.28. The company had revenue of $1.45 billion for the quarter. Canfor had a negative trailing twelve-month return on equity of 6.89% and a negative net margin of 5.22%. What other stocks do shareholders of Canfor own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canfor investors own include West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Air Canada (AC), Interfor (IFP), Toronto-Dominion Bank (TD), Canadian National Railway (CNR), Dollarama (DOL), Bank of America (BAC), Kinaxis (KXS), Magna International (MG) and TELUS (T). What is Canfor's stock symbol? Canfor trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CFP." How do I buy shares of Canfor? Shares of CFP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Canfor's stock price today? One share of CFP stock can currently be purchased for approximately C$15.99. How much money does Canfor make? Canfor (TSE:CFP) has a market capitalization of C$1.92 billion and generates C$5.87 billion in revenue each year. The company earns C$-306,400,000.00 in net income (profit) each year or C($2.45) on an earnings per share basis. How many employees does Canfor have? The company employs 7,908 workers across the globe. How can I contact Canfor? Canfor's mailing address is 100-1700 75th Ave W, VANCOUVER, BC V6P 6G2, Canada. The official website for the company is www.canfor.com. The company can be reached via phone at +1-604-6615241. This page (TSE:CFP) was last updated on 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Canfor Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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